The GMI remains at 4, but the GMI-R fell one to 7. There were 61 new highs and 57 new lows in my universe of 4,000 stocks on Wednesday. 
There were 14 new highs in the several lists of IBD 100 stocks I have followed over the past year: MOS,COG,CF,SCHN,VIVO,HK,
MT,POT,NBL,KWK,NEU, MTL, OIL, MA. Many of these are oil, steel, and agriculture stocks, and have been leaders for months. The QQQQ is in the 12th day of its short term up-trend. The QQQQ and SPY are still above their 10 week averages, so I am still riding this up-trend. But with so many down days, it is getting harder to stay on the long side. For those of you who use TC2007, my Sir Silent Knight submission containing my propositions for trading was published in the Worden Report this evening. Check it out.
GMI: 4; GMI-R: 8; 11th day of QQQQ up-trend; IBD 100 new highs
The GMI and GMI-R each rose 1. There were only 37 new highs and 32 new lows in my universe of 4,000 stocks on Tuesday. The QQQQ remains in a short term up-trend. Since I identified this up-trend, the QQQQ has advanced 1.3%. The QLD is up 2.9%, and 54% of the Nasdaq 100 stocks have advanced. Five stocks on the IBD 100 lists I monitor hit a new high on Tuesday: GGB, COG, NVO, UPL and KOP. I am holding positions in QLD and in a lot of stocks on which I have written April calls.
GMI: 3; GMI-R: 7; 10th day of QQQQ up-trend
The GMI remains at 3 and the GMI-R at 7. There were 93 new highs and 21 new lows in my universe of 4,000 stocks on Monday. Monday was the 10th day of the QQQQ short term up-trend. The Worden T2108 indicator reached 69% on Monday.